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The 'Epic' 1,500 Trillion Won Bill... In the End, the Poor Pay the Price [Data Pick]

Associated Press Yonhap News
Associated Press Yonhap News
DATA PICK

Epic Fury('Epic Fury')
Only a 1,500 Trillion Won Bill Remains


According to a briefing by the U.S. Department of Defense at the start of the war, the military expenditure for the first six days was

$11.3 billion (approximately 1.67 trillion KRW).

However, it is widely believed that even this figure is a significant underestimate.

Additionally, analysis suggests that the cost of this war will exceed $1 trillion (about 1,480 trillion KRW) over the next 10 years.

This is the staggering price that will have to be paid.

COST ESTIMATION

Exceeding '1 Trillion Dollars' Over the Next Decade

$1,000,000,000,000= approximately 1,480 trillion KRW- Linda Bilmes, Public Finance Expert, Harvard University

The direct cost for the United States in a war with Iran is projected to surpass $1 trillion.
If the shock to the global economy is factored in, the actual damage will be nearly impossible to measure.

Official U.S. Department of Defense Announcement (Military Expenditure for First 6 Days)$11.3 billion (approximately 1.67 trillion KRW)
"A significant underestimate... costs are continuing to accumulate over time"

"Bombs kill people, but so do the economic consequences.
The pain is never shared equally, and the rise in energy, food, and fertilizer costs
will hit poor and import-dependent countries increasingly hard."

- THE GUARDIAN

On April 17, 2026, residents walk past the debris of buildings destroyed after the ceasefire between Israel and Hezbollah in Dahieh, southern suburbs of Beirut, Lebanon. (left) On April 20, 2026, a woman stands next to the debris of buildings destroyed after the ceasefire between Hezbollah and Israel in Dahieh, southern suburbs of Beirut, Lebanon. Photo by AP Yonhap News

HOUSEHOLD & GLOBAL IMPACT

Shockwaves Reaching Beyond the Frontlines

Annual Average Burden per U.S. HouseholdApproximately 610,000 KRW

(USD 410)

Estimated by American Enterprise Institute (AEI)
Annual Average Burden per U.K. HouseholdApproximately 970,000 KRW

(GBP 480)

Regional Economy

Arab Countries
Facing Economic Contraction

Up to 286 trillion KRW

Within just one month after the outbreak of war, the region experienced a contraction ranging from $120 billion to $194 billion.

Humanitarian Crisis

Population Facing Severe Food Crisis

+45 million people

A sharp surge in the number of people suffering from severe food shortages, especially across Asia and Africa.

Money Wasted by WarCOST OF WAR
=
Lives That Could Have Been Saved With That Money87 million people

"The fact that money that could have saved 87 million lives is being wasted on taking lives is horrific."
"The fact that money that could have saved 87 million lives is being wasted on taking lives is horrific."
"The economic fallout from this war will cost even more lives. Peace arriving tomorrow will not undo the damage already done. But the longer the war drags on, the greater the destruction will be."

- Tom Fletcher, UN Assistant Secretary-General for Humanitarian Affairs and Emergency Relief Coordinator

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